I’m not spending too much money.

Posted on August 10, 2010 by Mara Strom

This is part five of a series I’m doing here about coupon misconceptions. Before I started strategically shopping with coupons, I really thought they were a waste of time. I couldn’t imagine that the $.20 I’d save on potato chips was really going to rock my grocery budget’s world. After all, I wasn’t overspending on groceries. Right? Wrong!

So, how did I come to this conclusion? Well, two things happened to change my mind.

1) I kept track of everything we spent for one month. I got a tiny little notebook that I kept in my purse and every time my husband or I spent any money, I wrote it down.

After the month was over, I tallied it all up. I was SHOCKED. I had figured we were spending a couple hundred dollars at most at the grocery store. Boy was I wrong. It was almost $1,000. No wonder I couldn’t make our budget work!

I was right that the big weekly trips added up to a couple hundred dollars, but then there were all the little trips. And those ‘little’ trips had sprung a big leak in our budget.

2) I learned about strategic shopping. I started reading coupon blogs in the spring of 2008. As I’ve said before, I couldn’t really figure out how people were saving all this money from tiny little coupons.

What I learned is that there is a science to coupon shopping. Or more like a strategy. Combining sales with coupons nets the lowest possible price. People were saving 50%, 80%, even 100% on their grocery staples. If I could shave even 20% of my total, I figured, I’d be doing great!

When I put these two realizations together, the light bulb went off!

I hadn’t thought I was overspending, but my one-month experiment showed me I was wrong.

I hadn’t thought coupons could make a dent in my overall grocery budget, but learning about strategic shopping showed me I was wrong.

The first step in bringing my budget under control was to be more intentional about what I bought: To make lists, to menu plan and to stay out of the stores. But even with all these strategies in place, I still needed to find more ways to save.

Comments

Comments

I just wanted to say I’m so glad to see your blog. There are some great frugal blogs out there, but it’s nice to see one with a Jewish slant. While I don’t keep kosher I still like your blog. For some reason there aren’t, you definetely found a niche.

@Danni – Thanks so much for finding me! I am so grateful for your comment and hope that KOAB can continue to be a welcoming place for Jewish frugalistas, whether or not they keep kosher. Hope you’ll stick around

@Absentminded – You’re right, the ink is expensive. I’m always looking for good deals on it just for that reason! We also get the paper delivered Wed-Sun for just $1/week, so I more than cover that cost with coupon usage. Could you call your paper and see if you can get such a deal?